BNB Chain project CodexField suspected of rug pull; website and accounts vanished

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On-chain news reveals that the BNB Chain project CodexField is suspected of a rug pull. On July 10, its official X account was deleted, and its website went offline. Chain investigator Specter issued a security alert, noting abnormal fund movements. Over $85 million in funds were linked to the project. The rug pull incident underscores the growing risks in the space.

On July 10, the official X account for the CodexField project on BNB Chain was deactivated, and the official website became inaccessible. On-chain investigator Specter issued a community security alert warning of potential fund misappropriation by the CodexField project. On-chain tracking revealed that the project had generated over $85 million in funds, and investigator Specter identified unusual on-chain fund movements.

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